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Pak food importers at mercy of grey market owing to dollar crunch: Report

This situation has forced the government to immediately allow imports of these foodstuffs from neighbouring countries to bridge the supply and demand gap

Pakistan floods, Floods
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Photo: Reuters

Sajjad Hussain | PTI Islamabad
Pakistani importers of food from Afghanistan and Iran have been relying on the grey market to make payments since they are not allowed to buy dollars from banks or exchange companies, according to a media report on Sunday.
 
Pakistan has been facing an acute shortage of tomatoes, onions, potatoes and other food items after floods destroyed crops, pushing up prices to unprecedented levels across the country.

This situation has forced the government to immediately allow imports of these foodstuffs from neighbouring countries to bridge the supply and demand gap but it has not made any arrangements for the provision of

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